Wells Fargo analyst Michael Turrin raised the firm’s price target on Autodesk (ADSK) to $380 from $375 and keeps an Overweight rating on the shares. The firm notes the company’s Q3 was clean and above expectations on all major metrics, building on prior Q2 momentum. FY26 core billings and revenue guides both +1.5ppts at MP, with margin outlook also moving higher, which Wells sees as a breath of fresh air in a tough software backdrop.
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Read More on ADSK:
- Autodesk’s Promising Growth and Attractive Valuation Earns Buy Rating from Analyst
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- Autodesk price target raised to $390 from $385 at Barclays
- Autodesk: Strong Performance and Upward Guidance Amid Cautious Outlook and Execution Risks
- Autodesk upgraded to Buy from Hold at Deutsche Bank
